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Stock Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Erayak Power Solution Group Inc. - Class A Ordinary Shares (NASDAQ:RAYA)
Long-Term Uptrend (+90) - RAYA is in a strong uptrend that is likely to continue. While RAYA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RAYA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAYA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RAYA
The long-term trend has been UP since Oct 16th, 2024 at 1.070
The intermediate-term trend has been UP since Jan 6th, 2025 at 1.445
The short-term trend has been UP since Feb 19th, 2025 at 1.330
Smart Scan Analysis for RAYA
Based on our trend formula, RAYA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.310 | 1.295 | 1.270 | 1.295 | -0.020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.290 | 627 | 2025-02-21 12:57:03 |
| 52wk High | 1.78 | 52wk High Date | 2024-11-05 |
| 52wk Low | 0.5505 | 52wk Low Date | 2024-04-03 |
| Average Volume | 2,853 | Shares Outstanding | 11,000 |
| Assets | 35,285,266M | Liabilities | 15,083,178M |
| P/E Ratio | 12.8 |